Indian Association of Investment Professionals is hosting the next India edition of the Global Investment Research Challenge®

FLAME proudly hosts the western zone of this India edition of the Research Challenge on 22nd January, 2011. The Challenge is a competition in which student teams from the top area business schools write an equity research report on an assigned company(as per zone) and present their findings to a panel of investment industry experts (as per zone). Each student team is paired with a mentor, who is either an equity research analyst or a portfolio manager, to advise the students on their research and provide feedback on their written research report. The time commitment is: Minimum 1 face-to-face meeting with the students, not to exceed 6 hours total, with subsequent interactions via e-mail / phone / face to face meetings, depending on convenience and preference of mentor.

The teams that have been invited for the IIRC include:

FMS Delhi, IIT Delhi, IIFT Delhi, MDI Gurgaon, IMT Ghaziabad, IIT Kanpur, IIM Indore, JBIMS – Mumbai, IIT Bombay, NMIMS – Mumbai, FLAME – Pune, Symbiosis – Pune, SCMHRD – Pune, NITIE – Mumbai, SP Jain – Mumbai, Sydenham – Mumbai, IIM Ahmedabad, IIM Kolkata, IIM Lucknow, XLRI Jamshedpur, IIT Karagpur, IIFT Kolkata, XIM Bhubaneshwar, IIT Guwahati, IIM Shillong, IIM Bangalore, ISB Hyderabad, IFMR Chennai, Great Lakes Chennai, IIT Chennai and IIM Kozhikode

The teams that are competing in the western zone of the IIRC include:

JBIMS – Mumbai, IIT Bombay, NMIMS – Mumbai, FLAME – Pune, Symbiosis – Pune, SCMHRD – Pune, NITIE – Mumbai, SP Jain – Mumbai, Sydenham – Mumbai, IIM Ahmedabad,


One winning team from each zone will advance to compete in the National Finals of the Investment Research Challenge, to be held in Mumbai in January 2011. One winner will advance to compete in the Asia Pacific Regional Investment Research Challenge hosted by CFA Institute, to be held in Bali, Indonesia on 25th February 2011. The AP Challenge will consist of one winner from each Member Society of the Asia Pacific Region. The competition will culminate with the 5th Annual Global Investment Research Challenge®, to be held in the Omaha, Nebraska, United States on 8th April 2011. The Global Challenge consists of the winners of the regional finals held in Asia-Pacific, Europe and North America. 

This annual educational initiative, based on the Investment research challenge originally developed by the New York Society of Security Analysts, is designed to promote best practices in research among the next generation of analysts through hands-on mentoring and intensive training in company analysis. It complements students’ university curriculum by simulating the ‘real world’ experience of an equity analyst.

The Challenge spans one semester, and consists of the following components:

I. Analysis of a Public Company
II. Mentoring By a Professional Research Analyst or Portfolio Manager
III. Writing an Equity Research Report
IV. Presentation of Research to a High-Profile Panel of Experts

Each Business School chooses one team of 3 - 5 members to represent it. ONLY Postgraduate students are eligible. Students must be enrolled in the current term at the B School they represent at the time of the local Challenge final. CFA Charterholders and students who have prior work experience in fundamental company analysis are NOT ELIGIBLE.

For detailed rules please refer to the Global IRC Rules.